Decorative

Group Health
Insurance for your team.

Why should buying and managing group health insurance be so hard? We have simplified it—for you and your team.

Group health insurance Pazcare
Table of contents
Group health insurance Pazcare

What is group health insurance?

A group health insurance (GHI) provides health insurance coverage to employees or members of an organization. Usually, it is offered as a part of employee benefits by most organizations/employers as they bear the premium paid towards the policy.

Also known as corporate health insurance or group mediclaim policy, the coverage benefits can also be extended to the family members of the employees based on the type of plan opted for.

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Why buy group health insurance for your employees?

Tailor-made benefits

Unlike any retail health insurance plan, group medical insurance is highly customizable according to your needs. In simple words, you only pay for what you choose.

Tax benefits

Employers can claim tax benefits when they pay a premium for group medical insurance, according to the Income Tax Act of 1961.

Improve job satisfaction

60% of employees feel benefits can improve job satisfaction. Healthcare benefits like group health insurance can lead to an engaged and productive workforce.

Buy group mediclaim policy

Financial protection

The COVID-19 pandemic and lifestyle diseases are the major reasons for hospitalization now. Offering the group mediclaim insurance policy for employees can play a big role in financially securing your employees during any medical emergencies.

Enhance employee retention

“The grass is greener on the other side”. So, don’t let your team look on the other side. By offering competitive healthcare benefits like a group health insurance policy with maximum benefits apart from the regular wages, you can improve employee retention.

Employer branding

Offering a group health insurance policy with added benefits can promote goodwill generation and attract talent. What’s better than hearing “This workplace is awesome”

List of group health insurance companies in India

Get quote →

What should your group health insurance cover?

hospitalisation

In-patient hospitalization expenses

Cover all your in-patient hospitalization expenses depending on the terms and conditions of the policy.
cashless claims

Cashless claims

Don’t pay a penny at network hospitals. Employees can easily avail cashless claims with just their phones.
Pre-existing diseases coverage

Pre-existing diseases coverage

All your pre-existing diseases are covered from day 1 of the policy.
Maternity coverage

Maternity coverage

Have a young team? Opt for maternity insurance as an add-on with your group health insurance plan
Pre and post hospitalization expenses

Pre and post hospitalization expenses

Depending on the type of plan and benefits opted the pre and post hospitalization charges are covered.
Covers family

Covers family

Opt for plans to include spouse, children and parents parents in the group health insurance policy at lower prices than a retail plan.
Covid-19 coverage

Covid-19 coverage

All hospitalization expenses related to Covid-19 are covered by your corporate medical insurance.

Features of group health insurance plan

Customizable benefits at affordable premiums

Customizable benefits at affordable premiums

A group health insurance policy is always customizable according to your group size and needs. You can choose your add-ons and copay.
No-medical tests required

No-medical tests required

Unlike a retail health plan, your group health insurance does not require medical tests before purchasing the policy.
0 waiting period

0 waiting period

Unlike your retail plan, your group mediclaim plan has 0 waiting period for covering pre-existing diseases.
Cashless network hospitals

Cashless network hospitals

Employees and their dependents covered in the policy can go cashless at all network hospitals offered by your insurer.
Covid hospitalizations covered

Covid hospitalizations covered

Now all your group health insurance plan provides coverage for hospitalization expenses to Covid-19 once you are tested positive.

Group health insurance from Pazcare

Pazcare aims to make employee insurance experience seamless by reducing work for HRs and enabling employees to make the most out the policy.
One point of contact

One point of contact

No waiting on customer support calls. From the day you purchase the GHI policy, you will have a dedicated SPOC to handle your employees and help you out at all times.
Not just a broker, but your consultant

Not just a broker, but your consultant

We’ll help you understand what’s the best suitable policy for your team. We are not a traditional broker with limited group health insurance options for you.
The super top-up feature

The super top-up feature

Your employees can increase the sum insured and add more members to the plan on their own using the super top-up feature.
Beyond just health insurance!

Beyond just health insurance!

Now go a level further by adding health and wellness plans like therapy, wellness sessions, unlimited doctor consultations, and many more to your group health insurance policy.
Policy coverage from day 1

Policy coverage from day 1

Policy is activated as soon as you buy and employees can use their insurance from day 1.
Pazcare dashboard

Pazcare dashboard advantage

Manage your policy, add/delete employees, and access employee and family details without hassles at one place using the employer experience dashboard.
HRMS integration

HRMS integration

Pazcare dashboard can be easily integrated with your HRMS to automate endorsements.
Mobile app for employees

Mobile app for employees

Easy access to policy details, inclusion and exclusions using the mobile application.
Digital health card

Digital health card

Forget papers! The health insurance ID card is available for download at any time in your mobile app.
24X7 customer assistance

24X7 customer assistance

We offer your 24X7 assistance on filing and tracking claims or any other support you require.
Insure with Pazcare →

Prioritise Employee Health

Your employees’ health should be of utmost importance to you.

Increase Employee Productivity

Enhanced healthcare benefits help keep your employees focused at work.

Give more than they ask

Shower your employees with abundance of care and affection
by offering a comprehensive
group plan.

What does your Group Health Insurance Include?

Cashless Claims
Walk into any network hospital and get yourself treated cashless.
Covid 19 Coverage
With unprecedented outbreak nearing anytime, coverage for covid related diseases is necessary.
Maternity Coverage
You can opt for maternity coverage in your group plan at low cost.
Pre-existing
diseases covered
Your pre-existing diseases will be covered from day 1.
More benefits at a
lower premium
Employee health insurance plan is more cost effective and can cover the healthcare needs of your family.
Pre and Post
Hospitalisation Expenses
Depending on the policy, your employees can claim pre and post hospitalisation charges
Covers family
You can include spouse, children and parents in your group plan. Costs are very low compared to a retail policy.

Things to know before buying a group health insurance policy

Claim settlement ratio of the insurer

The CSR/Claim Settlement Ratio of the insurer is the number of claims settled to the number of claims received by the insurer. Always prefer an insurer with a good CSR.

Network hospitals coverage

Your employees can live in any part of the country and mishaps can occur anywhere. So prefer an insurer with good network hospitals coverage to avail cashless claims.

Add-on benefits

Always look for the number of add-on benefits like dental coverage, maternity insurance, etc your insurer offers.

Customer claim experience

You know the struggle in manually getting claims settled with insurers. Let us make your claim experience less manual and quicker.

Ease of endorsements

Choose the insurer that does not make the group health insurance experience hard by involving third parties for editing employee details.

Group health insurance vs Individual health insurance

Group health insurance

Highly customizable with many add-ons at affordable premiums
Parents can be covered at a much lower premium
Pre-existing diseases are covered from day 1 with 0 waiting period

Individual health insurance

Have pre-determined benefits at higher premiums
When elderly parents are covered the premiums sky-rocket
Pre-existing diseases are covered only after a certain waiting period

How to claim your group health insurance?

Cashless claim

  • Get to the nearest network hospital
  • Show your health insurance ID card, company ID card and proof of identity.
  • Your insurer will settle your medical bill with the hospital.
cashless claim
reimburement claim

Reimbursement claim

  • Collect all the original bills and supporting documents required.
  • Contact us at support@pazcare.com

Documents required for group health insurance policy

For a fresh policy

  • Name of the employee and employee ID
  • Personal details like name, age, gender, marital status
  • List of the dependents
  • Details on the add-ons and sum insured.

For renewals

  • Active data of the employees - name, age, gender
  • Claim analysis report
  • Claim dump report from the insurer/TPA
  • Policy copy

Who should buy group health insurance?

YOU!
HR leaders

HR leaders

For a 10/10 employee experience and satisfaction
Founders

Founders/CXO

For staying on top of your employer branding
Finance controllers

Finance controllers

Healthcare benefits that are “value for money”

Frequently asked questions about group mediclaim policy

What is Group Health Insurance?

A group health insurance is a type of health insurance plan that provides coverage to a group of employees working in an organization

Is group health insurance mandatory for employees working in India?

As per the post lockdown Covid-19 guidelines by the Indian government, group medical insurance has become mandatory for employees.

What is the minimum number of employees required for group health insurance?

According to IRDAI an organization with 7 or more lives is qualified to buy group health insurance. But with Pazcare you can get insured for a team as low as 2 members. Check out Paz for startups.

What is corporate health insurance?

Corporate health insurance is the same as group health insurance. It provides health insurance coverage to the employees working in an organization.

Who can get group health insurance?

All employees aged between 18 to 70 years working in an organization are eligible to get group health insurance.

How to get group health insurance?

To get group health insurance, all you have to do is get in touch with Pazcare. Provide us with the requirements, get competitive quotes and get started with the plan that suits you the most. To know more, check out 5 easy steps to get group health insurance.

What are the types of group health insurance plans?

A group health insurance policy has 3 variations.

  • Employee only/Self (E)
  • Employee, spouse, and children (ESC)
  • Employee, spouse, children and parents/in-laws (ESCP)

Why buy group health insurance for your team?

Group Health Insurance from Pazcare

Give your employees’ the insurance plan they want. Pazcare ensures a seamless experience while they exercise their insurance claims.

One point of contact

No waiting on customer support calls. From the day you purchase the GHI policy, you will have a dedicated SPOC to handle your employees and help you out at all times.

Not just a broker, but your consultant

We’ll help you understand what’s the best suitable policy for your team. We are not a traditional broker with limited group health insurance options for you.

The super top-up feature

Your employees can increase the sum insured and add more members to the plan on their own using the super top-up feature.

Beyond just health insurance!

Now go a level further by adding health and wellness plans like therapy, wellness sessions, unlimited doctor consultations, and many more to your group health insurance policy.

Policy coverage from day 1

Policy is activated as soon as you buy and employees can use their insurance from day 1.

Pazcare dashboard advantage

Manage your policy, add/delete employees, and access employee and family details without hassles at one place using the employer experience dashboard.

HRMS integration

Pazcare dashboard can be easily integrated with your HRMS to automate endorsements.

Mobile app for employees

Easy access to policy details, inclusion and exclusions using the mobile application.

Digital health card

Forget papers! The health insurance ID card is available for download at any time in your mobile app.

24X7 customer assistance

We offer your 24X7 assistance on filing and tracking claims or any other support you require.
Insure with Pazcare →

Prioritise Employee Health

Your employees’ health should be of utmost importance to you.

Increase Employee Productivity

Enhanced healthcare benefits help keep your employees focused at work.

Give more than they ask

Shower your employees with abundance of care and affection
by offering a comprehensive
group plan.

What does your Group Health Insurance Include?

Cashless Claims
Walk into any network hospital and get yourself treated cashless.
Covid 19 Coverage
With unprecedented outbreak nearing anytime, coverage for covid related diseases is necessary.
Maternity Coverage
You can opt for maternity coverage in your group plan at low cost.
Pre-existing
diseases covered
Your pre-existing diseases will be covered from day 1.
More benefits at a
lower premium
Employee health insurance plan is more cost effective and can cover the healthcare needs of your family.
Pre and Post
Hospitalisation Expenses
Depending on the policy, your employees can claim pre and post hospitalisation charges
Covers family
You can include spouse, children and parents in your group plan. Costs are very low compared to a retail policy.

Group Health Insurance from Pazcare

Give your employees’ the insurance plan they want. Pazcare ensures a seamless experience while they exercise their insurance claims.

Admin Dashboard to manage insurance.

Employers can use the Pazcare admin dashboard to add/remove employees, check CD balance and customize their plans. You can also invite your employees to add themselves do the endorsements.

Employee App and dashboard for accessing Insurance

Your employees can easily access their insurance claims and add benefits on top of their group plan through the app or the dashboard.

Claims processed in minutes

Gone are the days when you have to keep nudging your insurance vendors to process your claims. Pazcare escalates and solves your claims before time, everytime.

Over 200 enterprises provide healthcare benefits for employees through Pazcare.

Frequently asked questions

What is Group Health Insurance?
A group health insurance is a type of health insurance plan that provides coverage to a group of employees working in an organization
Is group health insurance mandatory for employees working in India?
As per the post lockdown Covid-19 guidelines by the Indian government, group medical insurance has become mandatory for employees.
What is the minimum number of employees required for group health insurance?
According to IRDAI an organization with 7 or more lives is qualified to buy group health insurance. But with Pazcare you can get insured for a team as low as 2 members. Check out Paz for startups.

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